Fundings & Exits

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MyTomorrows raises further €10M to help access drugs in development

myTomorrows MyTomorrows, the Netherlands-headquartered startup that has built a platform to help physicians and patients access drugs that are still in development, has raised €10 million in further funding. Leading the round is EQT Ventures, and Octopus Ventures, with participation from existing backers Balderton Capital, and Sofinnova Partners. Read More

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Grail is raising at least $1 billion to fund its early cancer screening test

Arteriosclerosis, blood vessel The early cancer screening startup Grail plans to raise more than $1 billion in Series B financing today, possibly up to $1.8 billion. While the company doesn’t want to name investor names, only mentioning in a release the funding will come “primarily from undisclosed private and strategic investors,” Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos, Google… Read More

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Flytrex lands $3M to make drone delivery a thing

flytrex-2 Despite my early skepticism, I’m becoming increasingly convinced that commercial drone delivery will soon become a thing. Enter Israel’s Flytrex, which has just raised $3 million in funding to build out its drone delivery solution. Read More

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Why you probably won’t invest in the next unicorn

unicorn-green Value creation in enterprise tech is often driven by a cohort of exits, while value creation in consumer tech is generally driven by large, individual exits — a phenomenon I recently dug into. What the data revealed is that there is of late a trend of larger consumer exits, such as Facebook, Twitter and WhatsApp. If this trend continues, that’s very good news for… Read More

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Xplenty raises another $4 million to help you integrate all your data

Network of light streams in cloudy sky The internet has changed a lot over the last two decades, but many companies are still using legacy technologies to extract, transform and load their data into warehouses. One new entrant, Xplenty, is hoping that its fresh approach, prioritizing cloud services, will provide a solid foothold in the massive market for data integration tools. Having grown to serve over 100 customers, Xplenty… Read More

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Neurable nets $2 million to build brain-controlled software for AR and VR

neurable As consumers get their first taste of voice-controlled home robots and motion-based virtual realities, a quiet swath of technologists are thinking big picture about what comes after that. The answer has major implications for the way we’ll interact with our devices in the near future. Spoiler alert: We won’t be yelling or waving at them; we’ll be thinking at them. That answer… Read More

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Backtrace, a debugging startup led by former AppNexus engineers, raises $5M

Man coding on computer at night. Debugging startup Backtrace I/O was launched to solve a real problem that its founders faced when they were engineers at adtech company AppNexus — at least according to Backtrace CEO and co-founder Abel Mathew. Mathew told me Backtrace aims to “solve the process of debugging,” something that most companies tackle by “cobbling together very old, outdated solutions”… Read More

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eSUB Construction Software raises $5 million to help subcontractors track jobs and get paid

eSub's construction project management app for subcontractors. A San Diego startup called eSUB Construction Software has raised $5 million in a Series A round led by Revolution Ventures according to President and CEO Wendy Rogers. The company’s cloud-based project management apps help subcontractors track and get compensated for all the work they do on construction jobs. Rogers said, “There’s a saying that subcontractors get paid for… Read More

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Managed By Q lands $30 million in Series C funding

managedbyq1 Managed By Q, a service that automates office management, has raised $30 million in Series C funding, according to SEC filings.
Managed By Q started off as a NY-based platform that let office administrators more efficiently deal with the tedious housekeeping of an office, from cleanings to supplies to IT to handy work, all from the web.
From there, office managers and admins can schedule… Read More

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